Dhaka, Jun 13 (UNB) – Finance Minister AHM Mustafa Kamal on Thursday said real-time information is available now on the sale, profit and encashment of national savings schemes from the ‘National Savings Scheme Online Management System’.
The system was introduced at the initiative of the Finance Division for modernising the management system of national savings schemes transactions, he said.
“Maximum purchase limit of savings scheme can now be easily controlled and monitored through NID-linked digitised system,” the minister added.
He said the payment of the principal amount and profit of the client can now be automatically made through Electronic Fund Transfer (EFT) which will ensure discipline in public financial management, and interest payment for this purpose will be reduced gradually.
